When the European market opens, some Economic Data will be released, such as ECB Monetary Policy Meeting Accounts, Final Core CPI y/y, Final CPI y/y, and Italian Trade Balance. The US will release the economic data, too, such as Natural Gas Storage, Housing Starts, Unemployment Claims, Philly Fed Manufacturing Index, Philly Fed Manufacturing Index, CPI m/m, and Building Permits, so, amid the reports, EUR/USD will move in a low to medium volatility during this day.
TODAY’S TECHNICAL LEVEL:
Breakout BUY Level: 1.0754.
Strong Resistance:1.0748.
Original Resistance: 1.0737.
Inner Sell Area: 1.0726.
Target Inner Area: 1.0701.
Inner Buy Area: 1.0676.
Original Support: 1.0665.
Strong Support: 1.0654.
Breakout SELL Level: 1.0648.
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The material has been provided by InstaForex Company – www.instaforex.com
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